MAKE MONEY FROM A BLOG BY DOING AFFILIATE MARKETING

MAKE MONEY FROM A BLOG BY DOING AFFILIATE MARKETING



If you are considering starting your own blog, than a good strategy to have to monetize it is by doing affiliate marketing. Affiliate marketing is a very common way of monetizing your business, this can be either a blog, for what we talk about today, but you can also do affiliate marketing on YouTube, twitter or Instagram. so, without any further ado, let dive into it.


CAN YOU MAKE MONEY WITH A BLOG?

The answer is a resounding yes. There are thousands of people in the US, and actually world wide nowadays, who live directly from a blog, without having to rely on a job.

It is true that the US market is much more mature than others, but maybe there is a chance that other countries will catch up soon too. In addition, outside of the US there are also cases of bloggers who, although they have economic activities abroad, clearly know that making money from a blog is possible and they do. 

So you don't have to think that you have to live in the US to make a living from blogging, your county might as well be enough. But, before you start your blog you should consider writing in a language that has enough readers, otherwise you might be very disappointed. I recommend languages like English, Spanish or Chinese, with tons of possible readers.

But be careful, if you think the path is easy and fast, well it isn't. First you have to develop a lot of very good content on your blog, get a more or less stable and more or less numerous audience, become a reference for them so that they trust you, and from there you can do something.

My suggestion to monetize your blog is therefore the use of affiliate marketing, to diversify your income and not depend so much on how many hours you work, but more on the effort and value you deliver to the market (your readers).


WHAT IS AFFILIATE MARKETING?

Affiliate marketing is much easier and consists of promoting a third party product to your audience in exchange for a commission for each sale.

This business model allows you to monetize automatically and with high commissions without having to own your own product or service (up to 75% in some cases, although the normal is 50%, which isn't bad either).

That's why it's one of the most common ways to monetize a blog, and that's why I want to show you how you can do it to build this up as another source of income.

The mechanism is simple: you become an affiliate of the product or service in question by registering, they give you an affiliate link, you put it on your blog, you promote it, someone clicks, buys and after a while they pay you a commission.

Here follows my top 4 ways to monetize a blog with affiliate marketing, with my personal favorite being point #3.



#1 ADVERTISING OR BANNER

Some affiliate providers offer you banners in different sizes, colors and designs, so you can place them on your blog wherever you want. Banners aren't the worst form of advertising affiliate products or services, but they also aren't the best.

The good news is that an ad of this type is usually well designed, grabs attention and adds the visual component, increasing the likelihood of clicks. But eventually it stops attracting attention, and even when the click is there, the sale is harder.


#2 ITEM DESCRIPTION

Another option is to write an article on your blog describing the product or service you provide. Explaining such a product can make money with a blog, although in my opinion it is not enough. Just describing a product is more or less the same as trying to sell products in an ecommerce shop. The descriptions often are dull and boring, with its only goal to describe the product, not explain the benefits.

An important reason for potential buyers of your affiliate product is how it benefits them. How valuable is the product to them and are they willing to give you their money, and trust you enough to click on your affiliate link and eventually buy the product. 


#3 "HOW TO" ARTICLES AND WHAT THEY "GAIN"

This is a good way to promote a third party product. Explain to your readers how they should use the  product or service you are promoting and most importantly what they will gain from making that investment. Like I said before, people care about themselves, especially if they have to give away their hard earned money.

The idea is to make the reader feel like if he doesn't buy right away that he misses out on a great opportunity. And I do not mean this in a mischievous way, but be truthful and honest, tell them what they miss if they dont buy, and explain why. You still can list the pros and cons of the product though, people will appreciate your honesty.


#4 RECORD A VIDEO

This is a variation of point #3, and like I said in the beginning of this article, affiliate marketing can also be applied on video. Video is a medium that generates much greater credibility, so conversion is more likely in this case.

Record a video explaining how your reader can use the product or service, show them a trick or curiosity you discovered, and show them live what benefits they can get if they finally decide to buy.

TIP. After your blog is up and running for a while and you created a decent amount of articles, you can then change your articles into videos.


HOW TO CHOOSE THE PRODUCT OR SERVICE TO MAKE MONEY WITH A BLOG

It's actually relatively easy.

First, search on Google or marketplaces like ClickBank or Amazon. Or even on the pages of the developers of the product or service, often they will have a referral or affiliate program.

Second, think of products or services that are useful to your audience and that are complementary to what you offer.

You can't offer tennis balls if your blog talks about fishing. Although you may be able to promote books that deal with this topic, the majority of your audience most likely didn't come to buy tennis balls if they are rather interested in fishing gear.

In my case, for example, I help freelancers and small businesses Grow their business, do better marketing and earn more money. Therefore I am promoting products that help your business make more money, or services that can help you start your own business (like a blog).

To monetize a blog, affiliate marketing is a great option, if you do it right.

I hope this articles does help you and if you have any questions, please leave a comment or message me.



About the author:


Hello, my name is Ron Hoekstra and I am the founder of The Liberty OnDemand. I hope you like my content, and if you want to know more about me, please read more here or subscribe to my newsletter where I will keep you up to date with new posts and other useful content.


Thank you!

Ron.


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